SIRI Stock Recent News

Warren Buffett has earned recognition as one of history's most successful investors -- and he's delivered incredible returns for shareholders who put faith in him. In fact, if you owned a $1,000 stake in Berkshire Hathaway on the day the Oracle of Omaha purchased a controlling stake in the company and become its CEO in May 1965, your position would now be worth roughly $37.7 million.

Part of Berkshire Hathaway (NYSE: BRK.A) CEO Warren Buffett's extraordinary success lies in his unmatched ability to pinpoint stocks with significant long-term growth potential.

In case you haven't noticed, the bulls have been running wild on Wall Street for two years. As of the closing bell on Dec. 30, the ageless Dow Jones Industrial Average, broad-based S&P 500, and growth-centric Nasdaq Composite had respectively rallied by 13%, 24%, and 30% for 2024.

In the most recent trading session, Sirius XM (SIRI) closed at $22.80, indicating no shift from the previous trading day.

Berkshire Hathaway (BRK.A -0.99%) (BRK.B -0.95%) owns a stock portfolio worth roughly $300 billion with about four dozen individual stocks in it. Legendary stock-picker Warren Buffett himself hand-selected many of them, especially the larger positions.

There's no sugarcoating how 2024 played out for Sirius XM Holdings (SIRI -1.32%) shareholders. It's been a rough year.

Investors have plenty to be thankful for in 2024. They've witnessed the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all rocket higher by a double-digit percentage and head to multiple record-closing highs.

Warren Buffett's company Berkshire Hathaway (BRK.A 0.80%) (BRK.B 0.95%) has been stockpiling cash all year. At the end of the third quarter of 2024, Berkshire had over $320 billion of cash and short-term Treasury bills.

It's been a tough past couple of years for Sirius XM (SIRI 0.60%) shareholders. The stock is trading down by more than 50% since the end of 2022, reaching yet another multiyear low just a few days ago following the release of disappointing 2025 revenue guidance -- the company expects its top line to fall during the year ahead.

Warren Buffett has made some rather bearish moves in Berkshire Hathaway's (BRK.A 0.80%) (BRK.B 0.95%) stock portfolio in the past few quarters. Most notably, the legendary investor disposed of significant portions of both the Apple and Bank of America investments that have performed extremely well for Berkshire.